An OpenAI shake-up wouldn’t just make Sam Altman richer—he’d have more control, too
Business Insider: Anat Alon-Beck, assistant professor at the School of Law, and Eric Chaffee, professor and the Peter M. Gerhart Distinguished Research Scholar at the School of Law, discussed a report that OpenAI is planning to restructure as a for-profit public-benefit corporation, moving away from its nonprofit board. The change could give CEO Sam Altman more control and attract further investment, they said. They also suggested the move may ease investor returns, though OpenAI would lose nonprofit tax benefits.
